American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack
American Bitcoin Corp. reported a fresh addition to its Bitcoin reserve after buying 416 BTC, bringing its total holdings to around 4,783 coins. Related Reading: Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals According to company disclosures and market reports, American Bitcoin (NASDAQ: ABTC) acquired about 416 BTC in the week ending December 8, increasing its on-balance stash to roughly 4,783 BTC. The purchase came from a combination of mined coins and selective market acquisitions, the company said. American Bitcoin Boosts Holdings The cash value of the latest pick-up was....
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By embedding Coinbase-powered solutions in its platform, Skrill adds 11 more American states to its service list, enabling more users to buy and sell cryptocurrencies easily. Integration Opens Doors for Paysafe’s Skrill Users to Instantly Buy and Sell Cryptocurrencies In another strategic move designed to grow its presence in the American cryptocurrency ecosystem, Paysafe’s digital wallet, Skrill, has finalized a deal with Coinbase, a leading digital currency platform provider. With the deal signed off, Skrill will receive a new cryptocurrency white-label solution provided by....
It's not only the duty of the Bitcoin fathers out there, but the obligation to continue to stack sats for our children.
The purchase makes the eCommerce platform the 36th publicly traded company to add Bitcoin to its balance sheet. Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of 2021. It stated in the report: “As part of our treasury strategy this quarter we purchased $7.8 million in Bitcoin, a digital asset that we are disclosing within our indefinite-lived intangible assets”.The purchase makes the Argentinean company the first large Latin American company to....
This week’s newsletter features regular sections like Bitcoin Stack Exchange Q&A and the latest column about preparing for Taproot.
XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level. A new long-term technical comparison shared by crypto analyst ChartNerd places XRP’s price behavior since its July all-time high of $3.65 into an interesting context, implying that what XRP is doing now resembles a phase from its 2016 market cycle that points to an incoming huge rally. Related Reading: American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack Repeating 2016 Rejection And ABC Crash....